Overview
- QuantumScape and Corning will co-develop manufacturing of the ceramic separator used in QuantumScape’s lithium‑metal solid‑state cells.
- Shares closed up 18.43% at $14.59 on Oct. 1 after the news and were trading near $15 on Oct. 2, according to Benzinga.
- The announcement positioned the effort as building toward high‑volume production, but it did not disclose financial terms or a detailed timeline.
- Reporting highlighted Corning’s ceramics and high‑volume manufacturing expertise as a way to reduce supply‑chain and scale‑up risk for QuantumScape.
- Coverage also linked the rally to broader lithium optimism, noting the U.S. government’s recent purchase of a 10% stake in Lithium Americas.